U.S. Export Sales Show Strong Corn Demand Growth

Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.

WASHINGTON (RFD-TV) — U.S. export sales for the week ending September 18 from the U.S. Department of Agriculture (USDA) Foreign Inspection Service showed corn leading the pace while soybeans and wheat also moved briskly.

Grain Exports

Net corn sales reached 1.92 million metric tons (75.7 million bushels), with top buyers Mexico, unknown destinations, and Colombia. Shipments totaled 51.8 million bushels, led by Mexico and Japan. Sales were well above last year’s levels, signaling robust early demand.

Soybean net sales totaled 724,500 metric tons (26.6 million bushels), with Egypt, Taiwan, and Mexico topping the list. Shipments were lighter at 18.8 million bushels, led by Egypt and Indonesia.

Wheat sales reached 539,800 metric tons (19.8 million bushels), up sharply from last week, with the Philippines and Italy as top markets. Shipments were 32.9 million bushels, led by the Philippines and Indonesia.

Cotton sales slowed to 86,100 bales, down sharply from the previous week, although shipments improved to 137,200 bales, led by Vietnam and India.

Meat Exports

Pork net sales reached 29,400 metric tons, with Mexico and South Korea being the largest buyers.

Beef sales were modest at 8,400 metric tons, down nearly half from last week.

Tony’s Farm-Level Takeaway: Strong corn exports are anchoring U.S. trade, while soybean sales remain steady but shipments lag, wheat demand is improving, and cotton sales softened despite stronger shipments.
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Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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Export Inspections In Bushels Show Mixed Momentum Patterns